AI Technology Solutions Expects $3M Per Year Revenue from Single Client
Detroit, Michigan, Nov. 28, 2023 (GLOBE NEWSWIRE)
Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), is pleased to provide an update regarding a single client’s device orders and deployment activities.
The end-user client is set to deploy a large number of AI-driven security and productivity devices, which will result in an estimated $3 million in recurring revenue per year once fully deployed.
This is a significant milestone for the Company and demonstrates the growing demand for AI-driven solutions in the security and productivity space. The client’s commitment to deploying a large number of devices highlights the effectiveness of the Company’s technology and the value it brings to customers.
AI Technology Solutions continues to innovate and develop cutting-edge AI solutions to meet the evolving needs of its customers. With this latest update, the Company is well-positioned to capitalize on the growing demand for AI-driven security and productivity solutions.
How This Will Affect You
As a consumer, the increased deployment of AI-driven security and productivity devices by AI Technology Solutions’ client may result in enhanced security measures and increased efficiency in the workplace. This could potentially lead to a safer and more productive environment for you as an employee or customer of the client.
How This Will Affect the World
The deployment of AI-driven security and productivity devices on a large scale by AI Technology Solutions’ client is a positive step towards leveraging technology to enhance security and productivity globally. This could set a precedent for other organizations to adopt similar AI-driven solutions, leading to a safer and more efficient world.
Conclusion
AI Technology Solutions’ expected $3 million per year recurring revenue from a single client upon full deployment of AI-driven devices is a testament to the growing demand for AI-driven solutions in the security and productivity space. This milestone not only benefits the Company and its client but also has the potential to positively impact individuals and the world as a whole by enhancing security measures and increasing efficiency.
